Revealing the Optimal Timing for the Most Effective Application of UV Coating
UV Coating Market Expected to Grow due to Technological Advancements and Growing Production Demands The global UV coating market is projected to witness significant growth over the next five years, driven by increased demand for specialized coatings in different industries. UV coating is an innovative method of applying coatings that utilizes ultraviolet radiation to cure inks, varnishes, and adhesives. The technology has been around for decades, but recent advancements have made it more efficient and cost-effective, leading to a surge in its popularity. According to industry experts, the global UV coating market is expected to grow at a CAGR of 7.5% between 2021 and 2026. The market was valued at USD 7.3 billion in 2020 and is projected to reach USD 10.5 billion by 2026. This growth can be attributed to the increasing demand for UV coatings in various applications across industries such as automotive, packaging, and electronics. The automotive indust...